Ripple is one top-performing crypto in 2021, surging over 260% as it aims to revolutionize the world of traditional finance. CAPEX looks at Ripple's price predictions for 2022 and beyond.
Ripple is not aiming to be a competing peer-to-peer payment alternative, but an alternative to the SWIFT system used by traditional banks to transfer money internationally. In 2021, Ripple has a maximum of $40 billion market capitalization and established new partnerships with financial entities from around the globe.
As of January 2022, Ripple (XRP) has been mostly steady, but it still follows any downwards trends that might shake up the crypto world.
However, the XRP market has a lot of potentials and might turn bullish soon. The outcome of the SEC lawsuit will influence the actions of crypto investors and future developments of the project.
But what can we expect from Ripple in the future? What highs may XRPUSD price hit in 2022? Will the Ripple price surge or plunge in 5 years?
This article aims to address all the queries related to Ethereum price prediction for 2022 and beyond, fundamentals, and technical updates.
Ripple Outlook: Where we are now
Ripple (XRP) is the native cryptocurrency of the Ripple blockchain. Participants in the crypto industry sometimes refer to XRP as Ripple. Or they might see XRP (the coin) and Ripple (the business) as one thing. Ripple claims that XRP and the underlying Ripple Ledger (XRPL) blockchain are distinct from the technology company, which is focused on improving global payments.
XRP, a borderless cryptocurrency that runs on the open-source Ripple blockchain was created to make facilitate international payments around the globe. The asset can be integrated into platforms or companies' processes, and it can be easily used by individuals as well.
Transactions using XRP are faster than Bitcoin transactions. Blocks are confirmed in three to five seconds, compared to Bitcoin's 10 minutes, and the transaction fee is less than one XRP. Validators use a protocol called the XRP Ledger Consensus Protocol to run the XRP Ledger. This format is different from other consensus mechanisms like Proof-of-Work (PoW), which is used for the Bitcoin blockchain. Validators collaborate to create blocks. At least 80% or more of the participants must reach an agreement so that the network can continue its progress.
However, the price of Ripple (XRP) fluctuates constantly, as it happens with most crypto assets. Ripple has been traded between $0.10 and $3 in the past. Ripple (XRP) has a larger coin supply (100 billion) than Bitcoin and has different use cases. XRP is a well-known digital asset, and many crypto investors are closely following it.
Related: How to Buy Ripple (XRP)
Ethereum has outperformed Bitcoin in 2021.
Ripple has outperformed Bitcoin in 2021, gaining over 260%.
XRP fell from a January 2021 high of $0.7872 to a low of $0.2108. XRP gained support from the market and reached $1.9660 in April 2021, before falling back to $0.50.
In 2020, Ripple Lab was sued by the SEC, which affected the price of XRP as many investors decided to get out of the market. However, the SEC lawsuit against Ripple Lab did not reach an outcome in 2021, and investors started to have faith that the outcome will be favorable for the crypto community. Towards the end of 2021, the XRP resistance was at the $1.00 mark.
The SEC considered XRP, the token of the Ripple network, to be a security created by the company, which is key to this claim. Ripple Lab and two executives were the targets of the SEC investigation. They claim that more than $1.3 billion was raised by offering unregistered securities. At the same time, the SEC announced in June 2021 that Ethereum (ETH) token is not a security, which fuelled a bull market as ETH reached a new-time high in November 2021.
As of January 2022, XRP's market capitalization stands at $35 billion.
With 2022 already looking like another roller-coaster period for digital currencies, CAPEX looks at Ripple's price predictions from best-rated websites and experts.
Ripple Price Prediction 2022 and beyond
Ripple experienced a strong breakout in 2020 but hit a wall when the SEC filed a lawsuit. The asset was removed from many cryptocurrency exchanges, which could make it difficult for crypto investors to trade it. Despite regulatory hurdles, the technical analysis of the asset remains bullish.
Despite the regulatory issues, XRP continues to perform well. However, it has not yet reached an all-time high in 2021 as many other cryptocurrencies. As of January 2021, Ripple (XRP) trades at around $0.80.
Ripple Forecast 2022
XRP price prediction site Wallet investor suggests that Ripple’s price will rise above $1,00 in 2022. The XRP forecast for 2022 predicts that the price of Ripple (XRP) will rise throughout the year, reaching $1,06 in December 2022.
DigitalCoin is also bullish on its Ripple forecast. It predicts that the price of Ripple (XRP) will average $1,03 by 2022.
The long-term forecast for Ripple from Price Prediction shows that the price will rise between $1,13 and $1,33 in 2022 and that the coin has an upward trend.
Trading Beasts has set a Ripple price target between $0,88 and $1,31 in 2022. They predict that the maximum price of Ripple will be $1,30 by the end of 2022.
According to Long Forecast, Ripple can reach $0,53 by the end of 2022, and the average price of Ripple during 2022 could be $0,50.
The average consensus is a +38% price increase for Ripple this year, which puts XRP in the 15th position in our top 18 cryptocurrencies to buy in 2022. Ripple is not seen as one of the next cryptocurrencies to explode in 2022.
It's important to remember that analysts’ forecasts can be incorrect when predicting Ripple prices. Analysts make projections based on a technical and fundamental analysis of the crypto's performance. However, past price performance does not guarantee future results.
You should do your research and remember that trading decisions are influenced by your attitude towards risk, market knowledge, and your tolerance for losing money. The consensus, when it comes to crypto, is to not invest more than you can afford to lose.
Our Ripple (XRP) Prediction Today
For the coming year, markets are optimistic. However, the outcome of the SEC lawsuit will determine the price of Ripple (XRP).
This outcome could lead to XRP's breakout from its January 2018 all-time high of $3.35. Many are speculating that XRP could reach $5.00 or more. However, a negative outcome could have a catastrophic impact on Ripple (XRP) and its investors. Although markets are still uncertain, they have been more positive in 2021.
The outcome of the lawsuit will not be the only thing to influence Ripple’s price. The general crypto market movements will also affect the XRP market. A bearish year could see XRP drop back to $0.50. There is still greater regulatory oversight that could pose a downside risk for the general crypto market.
The cryptocurrency market was filled with both bullish and bearish trends in 2021. Ripple remained in the red for most of the time. While Bitcoin and Ethereum saw record-breaking prices last year respectively, XRP struggled to keep up the pace. Ripple was able to maintain its pace thanks to the entire cryptocurrency market. XRP was blazed by constant updates on NFTs and metaverse and the overwhelming interest of people in virtual tokens.
Ripple's weekly chart looks still bullish, but the major trend is facing a make it or break it test. A valid breakout will push Ripple into a bearish territory that could bring a lower low below the $0.52 level.
Bulls will look for a fake breakout of this key support level to enter the trend at a minimum price, which offers the best risk-reward ratio.
Ripple’s price is dependent on three factors: the outcome of the Ripple case vs SEC, market adoption growth, and price swings in the crypto space. We believe Ripple will overcome its resistance in 2022, even though it is difficult to predict what the future holds in cryptocurrency markets.
While we can speculate about the potential price of Ripple over the next months and years, the truth is that Ripple still is a highly speculative investment. There are not much historical data to support these predictions. It is important to invest only what you are willing to lose and include some traditional investment instruments to build a strong portfolio.
Your investments should be small, and you should not place crypto investments above other financial goals, such as saving for retirement or paying off high-interest debt.
Related: How to invest in cryptocurrencies
Ripple Price Prediction 2025
There are indications that the crypto market is entering a new era.
There is no doubt that XRP's long-term price prediction will rise as there is still optimism about the currency attracting more attention.
However, investors should always be aware of the news and regulations around crypto in general and specific legal requirements for companies that develop or work with cryptocurrency. The SEC lawsuit is the main thing that will determine the future price of Ripple. If Ripple receives a positive outcome, XRP’s price could reach $3.87 by 2025.
Ripple Price Prediction 2030
Are you expecting Ripple to rise in value? The same applies to Ripple price predictions as it does to weather forecasts. The further we go into the future, the harder it becomes to try to predict the price of Ripple. The world of 2030 may be quite different from what we see now. What does 2030 hold for Ripple?
By 2030, it is expected that the maximum Ripple value will be $24.85.
Is It Possible to Forecast the Price of Ripple?
Many price predictions for Ethereum are flawed because they lack the necessary analytical support. Investors will always be attracted to a high price point, especially one that is on an upward price trend. Someone holding a cryptocurrency priced at $0.01 could easily believe that it will rise to $10,000 just because it sounds good.
The problem is that predictions can be made without any evidence or analysis. However, three types of analysis have been used in the financial world for a long time to try and forecast prices and the evolution of markets.
- Technical Analysis
- Fundamental Analysis
- Sentimental Analysis
Ripple Forecast using fundamentals
Investors in financial markets use fundamental analysis to study and evaluate the variables that impact an asset’s price.
You can assess the intrinsic value of a cryptocurrency to determine if it is undervalued or overvalued. This can be achieved by analyzing qualitative factors like the state of the economy and cryptocurrency market conditions, as well as the management and market capitalization of crypto companies.
Fundamental analysis can help traders determine the price of a cryptocurrency based upon a wide range of information. This could be a great way to make long-term investment decisions.
How to conduct a Ripple price prediction today using fundamentals?
Fundamental analysis is when you examine the fundamentals of cryptocurrency projects, from their market capitalization to the utility and value of the native token.
Do not confuse the fundamental analysis and technical analysis. Fundamental analyses of cryptos are more qualitative and less tangible than statistical trends like price charts or historical market data.
The fundamental analysis of cryptocurrency is like that of traditional financial markets with more traditional assets such as stocks. It is not as important to focus on a company’s historical financial performance, financial statements, or balance sheets.
The following parameters can be used to help investors predict trends in crypto markets:
- Market capitalisation
- Total and circulating supply
- Token utility and use cases
- Community size
- The team of the crypto project
- The crypto's trading volume
- Crypto exchanges listings
- Partnerships with trusted institutions
- The latest news about the coin
- Government rules and regulations
It is important to remember that fundamental analysis can only give you an overview of cryptocurrency investments. You can better understand the project and the future changes in cryptocurrency prices by looking at all the information. To get a better picture, you can also refer to the company’s whitepaper.
You can also examine blockchain metrics which provide crucial information about a cryptocurrency's technology and processes.
Ripple Forecast using technical analysis
Technical analysis uses historical price charts and market statistics to examine and anticipate price changes in the financial markets. It is founded on the concept that if a trader can recognize historical market trends, they may anticipate future price trajectories accurately.
Whereas fundamental analysis focuses on an asset's 'real value,' considering both external and intrinsic elements, technical analysis is only based on an asset's price charts. To anticipate future movements, all that is required is the recognition of patterns on a chart.
The ability to recognize price trend cues in a market is an important part of any trading strategy. All traders must devise a strategy for determining the optimal entry and exit points in a market and using technical analysis tools is a popular technique of doing so.
Technical analysis software is now so widely utilized that many people believe it has established self-fulfilling trading rules: As more traders use the same indicators to find support and resistance levels, more buyers and sellers will congregate around the same price points, repeating the patterns.
In general, technical analysts look at the following broad types of indicators, formations, and theories:
- Price trends (trendlines, channels, Elliott Waves, Dow Theory)
- Chart patterns (double tops and bottoms, head and shoulders, triangles, wedges)
- Price action (pin bar, inside and outside bars, and different candlesticks chart patterns)
- Trend following indicators (moving averages, Ichimoku, ADX)
- Volatility indicators (Bollinger bands, ATR)
- Oscillators (RSI, MACD, CCI, stochastic)
- Support and resistance levels (Fibonacci retracements, pivot points)
On May-November 2021, the Ripple trend formed a symmetrical triangle. The symmetrical triangle pattern is known as a bilateral pattern, which means that after a break-out the trend could either continue or reverse. Consists of two converging trend lines that connect the most recent higher lows and higher highs.
Once you have identified the triangle in an uptrend or downtrend, one method you can use to enter the market with is to wait for a breakout, more specifically for a candle to close outside the triangle.
The chart above demonstrates the area where price breaks the lower support trend line and close below the support line where you should place the sell order.
Finally, the profit target is measured by taking the height of the triangle and by extending that distance down from the trend line breakout.
Ripple Price Prediction Using Market Sentiments
In finance, the term "sentiment" refers to a viewpoint or opinion about a market's condition. The sentiment of crypto market investors towards the asset is a description of their general emotions and attitudes. It reflects the collective psychology of all those involved in trading and developing cryptocurrency.
How investors feel about cryptocurrency can have a tangible impact on market cycles and the price. It can have serious implications if enough traders act on the ideas, thoughts, and feelings they share, regardless of whether they are based upon real-world data. This is evident in how tweets by Elon Musk have impacted Bitcoin's price (a bullish sentiment).
For analyzing the sentiment of cryptocurrency markets, there are many statistics you can use. The following statistics provide vital information about the movement and trajectory of cryptocurrency assets: funding rates, sentiment indices, social media, and community analysis, and whale monitoring.
The funding rates are the monthly payments that traders receive based on price differences between the spot price of currencies and tokens and the price difference between cryptocurrency perpetual contracts. Positive funding rates indicate a bullish market.
A sentiment index is used to predict whether investors will act fearfully or greedily. It can be affected by volatility, market momentum, and investor responses to surveys. A fearful market can be an opportunity to buy if it is managed correctly. Conversely, a greedy market means that it is a good moment to sell.
Another crucial aspect for assessing sentiment in crypto markets is the community’s activity on social media, especially Twitter and Telegram. Investors would look for an active social network with meaningful interaction across platforms.
Whale monitoring is the process of keeping an eye out for big crypto players. A cryptocurrency whale is an investor who holds large-value transactions on multiple blockchains is called. Whale watchers spot major market participants' trades and trade accordingly.
Ripple Historical Prices
The coin's value was virtually worthless for many years after it was created. The asset's value was around $0.01 before 2017. However, this changed quickly as the token gained more attention in the crypto industry. In April 2017, XRP had reached $0.05. The gradual climb continued in May when it reached $0.25.
The asset was a hit with crypto enthusiasts, who saw the potential and the value it offered. Its value rose throughout 2017 and into 2018, reaching an all-time high at $3.84.
However, this was quickly followed by a huge drop in value, which affected all other cryptocurrencies as well. Many had dismissed the extraordinary run of the industry's market as a bubble and, like every bubble, it would burst. This was evident in the case of the 2017 bull run in crypto.
The Ripple (XRP) price stabilized at $0.30 towards the end of 2019 and didn't cross the $0.5 mark throughout the year. The asset's value climbed due to the bullish run that began towards the end of 2020. The token's value reached $0.8 before reaching $0.66 at the end of the year. The expectation was that the increase in XRP value would continue into 2021, but this could not be achieved due to the lawsuit by the SEC.
Some exchanges removed XRP from their listings after the announcement. Many holders of the token sold their tokens in panic. The result was that XRP's value plummeted to $0.166. It has since recovered and reached $0.755.
This overview shows that the price of Ripple (XRP) has been volatile over the past few years and that it is difficult to predict the future. Analysts still make Ripple (XRP) price predictions based upon trends, despite the volatility. While these forecasts are subject to change without notice, they still provide a rough idea of what to expect.
Is Ripple worth buying in 2022?
Ripple will continue its upward trend in 2022. However, the SEC lawsuit outcome will significantly influence Ripple’s price.
How high can Ripple go in 2022?
Cryptocurrency experts have made bullish predictions for Ripple’s price in 2022. Some of the most optimistic forecasts for Ripple are $1,33 by the end of 2022.
Will Ripple crash in 2022?
Ripple’s price is expected to rise in 2022, but the outcome of the U.S. SEC will likely influence XRP’s price. An unexpected outcome may cause a Ripple crash in 2022.
Does Ripple have a future?
Ripple is aiming to revolutionize traditional banking, especially in the international money transfers sector. It already prides itself on multiple international bank partnerships and is working on more projects in 2022.
What will Ripple be worth in 5 years?
The Ripple supply is limited to 100 billion, and only 47 billion XRP have been released. It is expected that the price of Ripple will rise within the next 5 years, following the crypto market’s trend.
What Ripple will be worth in 2025?
Considering most expert predictions, the price of Ripple could reach around $3,87 by 2025.
What Ripple will be worth in 2030?
Crypto forecasters have predicted that the price of Ripple can reach $24,85 by 2030.
The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.
The research analyst is not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation or particular financial needs before making a commitment to invest.
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